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HR 808 108th Congress House

Life Insurance Tax Simplification Act of 2003

Official title: To amend the Internal Revenue Code of 1986 to repeal the provision taxing policyholder dividends of mutual life insurance companies and to repeal the policyholders surplus account provisions.

Introduced: February 13, 2003 See on congress.gov
Taxation CommerceDividendsFinance and Financial SectorIncome tax
More subjectsShow fewer subjects
Insurance companiesLife insuranceMutual fundsTax deductionsTax deferral
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2003
Referred to the House Committee on Ways and Means.
Feb 13, 2003
Sponsor introductory remarks on measure. (CR E265)
Feb 13, 2003
Introduced in House
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 Latest action February 13, 2003

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Life Insurance Tax Simplification Act of 2003 - Amends the Internal Revenue Code to repeal provisions: (1) providing for the reduction in certain deductions of mutual life insurance companies; and (2) relating to distributions to shareholders from pre-1984 policyholders surplus accounts.
 Related & companion bills 1
  • S 992 Identical bill Life Insurance Tax Simplification Act of 2003
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 1 Republican 1
R
Cole, Tom
Oklahoma · Sep 30, 2004
DUNN, JENNIFER
· Apr 1, 2003
CRANE, PHILIP
· Feb 13, 2003
KLECZKA, GERALD
· Feb 13, 2003
MCINNIS, SCOTT
· Feb 13, 2003
 D
Neal, Richard E.
Massachusetts · Feb 13, 2003
TANNER, JOHN
· Feb 13, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 808: Life Insurance Tax Simplification Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-808/
MLA
"H.R. 808: Life Insurance Tax Simplification Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-808/.
Bluebook (legal)
H.R. 808, 108th Cong. (2026), https://openamerica.io/bill/108-HR-808/.
Markdown link
[H.R. 808: Life Insurance Tax Simplification Act of 2003](https://openamerica.io/bill/108-HR-808/)
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